| Single-Family January-June 2022 | ||||
|---|---|---|---|---|
| Median Sale Price: | Average Sale Price: | Units Sold: | Newly Listed: | Days on Market: |
| $325,000 +20.4% | $345,443 +22.0% | 247 -13.3% | 332 -16.0% | 37 -26.0% |
| Condo January-December 2021 | ||||
|---|---|---|---|---|
| Median Sale Price: | Average Sale Price: | Units Sold: | Newly Listed: | Days on Market: |
| $254,000 +10.4% | $321,318 +35.1% | 22 +4.8% | 22 +4.8% | 40 -42.9% |
The Franklin County market trended similar to other counties in northwest Vermont in the first half of 2022, with a decline in new inventory resulting in a reduction in home purchases. However, buyer demand remained strong, as indicated by a sharp 26% decline in days on market (the number of days a property is listed until it closes) and an increase of +20% in the median sale price of single-family homes.
Franklin County is one of our most diverse counties, including active cities like St. Albans, lakeside communities, ski areas, and agricultural properties. The commute to Burlington and Chittenden County is relatively easy.
| MEDIAN SALE PRICE | VS 2021 | UNITS SOLD | VS 2021 | NEWLY LISTED | VS 2021 | Average DAYS ON MARKET | |
|---|---|---|---|---|---|---|---|
| Franklin County Single-Family | $325,000 | 20.4% | $247 | -13.3% | $332 | -16.0% | 37 |
| Bakersfield | $281,000 | 21.3% | $9 | 50.0% | $6 | -45.5% | 70 |
| Berkshire | $325,000 | 62.5% | 10 | 42.9% | 10 | 150.0% | 27 |
| Enosburg | $235,000 | 45.1% | 13 | -18.8% | 21 | -16.0% | 13 |
| Fairfax | $399,900 | 8.1% | 25 | -26.5% | 35 | -27.1% | 22 |
| Fairfield | $425,000 | 43.2% | 3 | -50.0% | 4 | -63.6% | 49 |
| Fletcher | $477,500 | 59.2% | 2 | -71.4% | 4 | -73.3% | 5 |
| Franklin | $250,600 | -19.2% | 8 | 0.0% | 18 | 100.0% | 49 |
| Georgia | $405,000 | 21.8% | 19 | -26.9% | 24 | -45.5% | 25 |
| Highgate | $318,750 | 26.5% | 18 | 100.0% | 26 | 30.0% | 41 |
| Montgomery | $379,900 | 104.0% | 13 | 30.0% | 15 | -11.8% | 90 |
| Richford | $227,500 | 69.8% | 8 | -61.9% | 18 | 0.0% | 78 |
| Sheldon | $200,000 | -30.2% | 5 | -61.5% | 9 | -47.1% | 15 |
| St. Albans | $375,000 | 36.4% | 71 | -16.5% | 86 | -12.2% | 28 |
| Swanton | $286,000 | 12.2% | 43 | 16.2% | 56 | -3.5% | 41 |